| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $169M | — | 7.8% | — |
| Op. Income | $14M | $7M | — | 111.2% | — |
| Gross Margin | 50.0% | 53.6% | — | -3.7pp | — |
| Net Margin | 8.2% | 3.4% | — | 4.7pp | — |
| EPS (Diluted) | $0.26 | $0.10 | — | 160.0% | — |
| Free Cash Flow | $21M | $11M | — | 98.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $91M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | -$8M |
| Operating Expenses | $77M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $14M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $25M |
| EBIT | $24M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $91M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | -$8M |
| Operating Expenses | $77M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $14M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $25M |
| EBIT | $24M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$234.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$504.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$676.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $709M |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $156M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $321M |
| Goodwill | $1.1B |
| Intangible Assets | $406M |
| Long-Term Investments | $0 |
| Tax Assets | $800.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $534M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $717M |
| TOTAL LIABILITIES | $840M |
| Common Stock | $563.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $686M |
| Net Debt | -$23M |
